Triplex deal - should I buy?

[Blake Shultz]

Hey Bp family! I am looking to buy my first rental property and would love some feedback on if it is a good deal or not. It is a triplex in an appreciating market, an older 2 story house divided top and bottom, and a small garage apt around back. Numbers are as follows: Purchase price - $185,000 Rental income - $1,850 ($750, $750, $350) Insurance - $109/Mo Taxes - $209/mo Cap ex - $185/mo Utilities - $200mo Maintenance- $185/ Mo I feel confident the rents could go up to a total of $2350/Mo but current leases do not run out for another 6 months. The seller has done 90% of the reno work on the property including all HVAC, roof, and some foundation work. What's left is 4 windows and a few small misc items. I want to base my purchase on the current numbers/conditions and not off the potential the property has. Would you buy this property? What else am I not taking into consideration? Thanks for the feedback!